Question: Why are Bangkok properties so expensive?
A lot of people actually think that Bangkok properties are cheap. However, that should not be the basis for your investment decision. Truth be told, the prices of properties in Bangkok have risen over the years as well.
A good 1 bedroom apartment in the prime location can set you back at US$220,000 today. It is no longer the case where you can pick up a 1 bedroom apartment in prime Bangkok with just a budget of US$80,000.
1 of the main driving factors of Bangkok property prices is that the city is developing well. Bangkok is well positioned in ASEAN and will be a transport hub.
We will encourage clients to invest in good investment grade properties rather than buying just anything which may have issues with renting in the future.